TIP: If you want different features, you may not need to move your loan. Talk to your bank and compare their home loans. Moving to a new loan structure with your current lender will be simpler than starting a new account.
Tip: Refinancing can affect your credit rating – and vice versa. If your credit isn't great, you mightn’t get the home loan deal you want. If your credit history is poor and you keep making refinancing applications, it could make your credit file look even worse. Talk to a trusted lender before you make any applications, or get some independent financial planning advice.
Everyone's financial circumstances are different. Refinancing is a solid choice if you:
Refinancing doesn’t always mean switching to a new lender. If you’re a happy QBANK home loan customer, you can talk to us about refinancing to a new loan structure. You can refinance without leaving the award-winning bank that supports you.
Ready to talk home loans and refinancing? Talk to QBANK. Call 13 77 28.
No-one is immune from being scammed. You can’t always avoid being targeted by scammers who want to separate you from your money, but you can protect yourself by learning about scams, how they work, and what to do if it happens to you.
The Australian Government Guarantee, also known as the Financial Claims Scheme (FCS), provides protection for funds deposited in eligible financial institutions up to a limit of $250,000 for each account holder.
Following the decision by the Reserve Bank to reduce the official cash rate, QBANK will reduce interest rates on its variable rate home loan products for owner occupiers and investors by 0.15% per annum. Mortgage secured overdraft rates will also be reduced by 0.15% per annum.